Economy
The UK has authorised the detention of shadow fleet vessels in its waters
The UK has granted the military and law enforcement agencies the power to detain vessels subject to sanctions in its territorial waters. The decision is aimed at Russia’s shadow fleet.
Iran has granted five countries permission to pass through the Strait of Hormuz
Iran has announced restrictions on shipping through the Strait of Hormuz and has granted transit permission only to certain countries. These are countries that Tehran considers friendly.
The EU has postponed a ban on Russian oil due to the war and the dispute over the Druzhba pipeline
The European Commission has postponed the submission of a proposal for a total ban on Russian oil imports. The decision was taken against a backdrop of rising prices and a tense situation on the energy markets.
At least 40 per cent of Russia’s oil export capacity has been halted
At least 40 per cent of Russia’s oil export capacity has been halted following a series of attacks and incidents.
The UPG network was the first among petrol stations to reduce retail fuel prices
The company has initiated a price review in light of the significant rise in the cost of petroleum products since the start of 2026.
Volkswagen will switch its German plant to producing air defence systems for Israel
The German automotive giant is in talks with the Israeli defence firm Rafael Advanced Defence Systems regarding the conversion of one of its plants to manufacture components for the Iron Dome air defence system.
Cryptocurrencies in political financing were discussed in Ukraine: the experience of Moldova and Romania
There is currently lively debate in Ukraine regarding the use of cryptocurrencies in political financing, following experiences in Moldova and Romania where corruption schemes involving the bribery of voters using virtual assets have been uncovered. Experts have, in particular, examined the challenges arising from the use of cryptocurrencies for the anonymous financing of political parties.
Decentralisation of the power grid: how wind energy benefits Ukraine during the war
Wind farms are gradually moving away from the ‘green tariff’ scheme and transitioning to the competitive electricity market.
Why is the energy sector such an attractive target in the war with Iran?
The attacks on oil and gas facilities in the Gulf states have sharply heightened the economic risks of war. Analysts are warning of long-term consequences for the global energy market.
Estonia will allocate over €2 billion to joint projects with Ukraine
Tallinn has confirmed its readiness to provide substantial funding for joint initiatives and to step up pressure on Russia
The Ministry of Finance is introducing a 30% tax on suspicious transactions: who will be affected
The Ministry of Finance of Ukraine has introduced new tax rules under which the tax authorities will be able to impose a 30% tax on suspicious financial transactions. This decision applies to legal entities, sole traders and even private individuals. Read on to find out how the new rules will affect businesses and who will be affected by the changes.
New rules for defence procurement: how rising UAV prices will affect contracts
The Ukrainian government has amended Resolution No. 1275, which regulates defence procurement during martial law. Domestic manufacturers of unmanned systems have been permitted to request a review of contract prices in the event of price increases for key components on the market. Read our article to find out how this will affect prices and what steps suppliers need to take.
